Hurons Manufacturing produces a single product. Data relating to the coming months are: Sales: Estimated at 12500 units, the selling price will be $95 per unit. Inventories: Beginning inventories -- finished goods 750 units values at $48000; direct materials 2000 kilograms. Desired ending inventory -- finished goods 1000 units; direct materials 2500 kilograms. Cost per unit manufactured unit: Direct materials -- 3kg at $5 per kilograms; direct labor -- 2 hours at $15 per hour; factory overhead -- 2 hours at $10. Operating Expenses: marketing expenses are 10% of sales; administration expenses are $87500 per month; financial expenses are 5% of sales.

Required: Prepare the budgeted income statement for the coming month.